HSBC Private Banking Launches into Chengdu & Hangzhou, HQ of Jack Ma Alibaba & First International Private Bank into Western China, Jackie Mau, HSBC G

Jackie Mau Head of HSBC Global Private Banking Mainland China Caproasia.com | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.






HSBC Private Banking Launches into Chengdu & Hangzhou, HQ of Jack Ma Alibaba & First International Private Bank into Western China, Jackie Mau, HSBC Global Private Banking

13th October 2022 | Hong Kong

HSBC has launched HSBC Global Private Banking into China cities Chengdu ($308 billion GDP) & Hangzhou ($280 billion GDP), becoming the first international private bank to setup in Western China.  HSBC now have offices in key China cities including Beijing, Shanghai, Guangzhou and ShenzhenHangzhou is most recognised to international investors as the headquarter of one of China’s most iconic technology company – Jack Ma’s Alibaba. (Jack Ma is one of China richest man with $21 billion personal fortune, Alibaba is one of the largest Asian company with $200 billion market capitalisation).  HSBC: “HSBC China is actively exploring the potential of the Southwest market, with strengthened service capabilities in the Yangtze River Delta region to provide more in-depth services to its growing high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients.”  Jackie Mau, Head of Global Private Banking, HSBC China: “We see huge growth potential for the wealth management market in mainland China, driven both by the economically active coastal areas and the fast-developing inland areas, which are fundamental to the long-term development of our wealth business. As the provincial capital of Sichuan, Chengdu is an important central city and international gateway hub in Western China. The accumulation of personal wealth in the city has driven robust demand for diversified asset allocation and international wealth management.  As a new class of HNW and UHNW individuals emerges from the vigorous development of Hangzhou’s digital economy, demand for international wealth management has also grown significantly. By setting up our private banking business in Chengdu and Hangzhou, we will be able to serve our local clients more closely and enhance HSBC’s wealth management footprint outside the four major cities of Beijing, Shanghai, Guangzhou and Shenzhen, adding momentum to further business growth.”

“ HSBC Private Banking Launches into Chengdu & Hangzhou, HQ of Jack Ma Alibaba & First International Private Bank into Western China “

 


Ads & Announcements


(function(t,e,s,o){var n,c,l;t.SMCX=t.SMCX||[],e.getElementById(o)||(n=e.getElementsByTagName(s),c=n[n.length-1],l=e.createElement(s),l.type="text/javascript",l.async=!0,l.id=o,l.src="https://widget.surveymonkey.com/collect/website/js/tRaiETqnLgj758hTBazgdw_2FrTqLsoWjmVFwM5csk2vL4dBkVAR7ILuYTMMU8NYZ_2F.js",c.parentNode.insertBefore(l,c))})(window,document,"script","smcx-sdk"); HSBC Launches HSBC Global Private Banking into China cities Chengdu & Hangzhou Jackie Mau Head of HSBC Global Private Banking Mainland China

HSBC Global Private Banking into China cities Chengdu & Hangzhou – Comprising relationship managers and investment counsellors, the newly established global private banking team will tap into HSBC’s local branch network to service the population in Chengdu and Hangzhou as well as their surrounding areas. At the same time, HSBC Global Private Banking will unlock synergies with HSBC China’s wholesale banking business, and join forces with other institutions related to the HSBC Group in mainland China, including securities, funds, insurance and financial technology, to meet the holistic long term financial needs of individuals, their families and businesses.

 

Chengdu and Hangzhou HSBC London

With the addition of Chengdu and Hangzhou, HSBC China has extended the coverage of its global private banking business to six cities in mainland China. As part of the HSBC Group, HSBC Global Private Banking is committed to providing wealth solutions to individuals, families and businesses in the largest and fastest growing markets around the world. In May 2022, HSBC Global Private Banking announced its expansion plan in mainland China, comprehensively scaling up its presence in the country. Enhanced local service and product capabilities have positioned it as a new growth engine for HSBC China’s wealth business.

HSBC China continues to invest in its digital platform and is the first international bank in mainland China to enable wealth and investment services via mobile banking app for private banking clients. HSBC Global Private Banking is widely recognised in the industry and has been awarded Asian Private Banker’s “Best Private Bank – Asia-Pacific” accolade in 2021.

 

HSBC Global Private Banking

As part of the HSBC Group, one of the world’s largest banking and financial services organisations, HSBC Global Private Banking seeks to be the leading international private bank for business owners and their families. It provides clients with wealth, business and family succession solutions in the largest and fastest growing markets around the world. HSBC Global Private Banking is the marketing name for the private banking business conducted by the principal private banking subsidiaries of the HSBC Group.

HSBC Bank (China)

HSBC was one of the first foreign banks to locally incorporate its operations in mainland China, establishing HSBC Bank (China) Company Limited in April 2007. HSBC China’s network currently comprises about 150 outlets across more than 50 major cities. HSBC China’s head office is based in Pudong, Shanghai.




2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM

Register Below
Latest 2022 data & reports, insights & news
Every Saturday & Sunday 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

For Investors | Professionals | Executives


New to Caproasia?
Join 10,000 +
Learn More | Sign Up Today
Caproasia.com | Caproasia Access
2022 Events | TFC - Find Services
Grow Business | Contact Us




For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Subscribe / Sign Up / Contact Us

    Sign Up / Subscribe:
    Mailing ListFree TrialPromo $20 MonthlyPromo $180 YearlyInvestor $680 YearlyProfessional $680 YearlyExecutive $2,000 Yearly

    Interests / Events / Summits / Roundtables / Networking:
    Private WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights

    Your Name*

    Company*

    Job Title*

    Email 1 (Work / Personal)*

    Email 2 (Work / Personal)

    Contact No.

    Country

    Your Message (leave blank if none)




    Owl Media Group takes pride in providing social-first platforms which equally benefit and facilitate engagement between businesses and consumers and creating much-needed balance to make conducting business, easier, safer, faster and better. The vision behind every platform in the Owl Media suite is to make lives better and foster a healthy environment in which parties can conduct business efficiently. Facilitating free and fair business relationships is crucial for any thriving economy and Owl Media bridges the gap and open doors for transparent and successful transacting. No advertising funds influence the functionality of our media platforms because we value authenticity and never compromise on quality no matter how lucrative the offers from advertisers may seem.

    Originally posted on: https://www.caproasia.com/2022/10/13/hsbc-private-banking-launches-into-chengdu-hangzhou-hq-of-jack-ma-alibaba-first-international-private-bank-into-western-china-jackie-mau-hsbc-global-private-banking/?utm_source=rss&utm_medium=rss&utm_campaign=hsbc-private-banking-launches-into-chengdu-hangzhou-hq-of-jack-ma-alibaba-first-international-private-bank-into-western-china-jackie-mau-hsbc-global-private-banking